245 W Person Ave Memphis, TN 38109
South Memphis NeighborhoodEstimated payment $597/month
Total Views
948
4
Beds
2
Baths
1,000-1,199
Sq Ft
$81
Price per Sq Ft
Highlights
- Updated Kitchen
- Separate Formal Living Room
- Double Pane Windows
- Traditional Architecture
- Covered Patio or Porch
- Tile Flooring
About This Home
This income-producing property features multiple well- maintained improvements, making it an ideal investment opportunity. The home includes a new roof (2025). Exterior and interior paint completed within 5 years,HVAC system installed just 5 years ago. A hot water heater installed approximately 3 years ago all contributing to long term efficiency. The fully fenced yard offers privacy — with wire fencing in the front and a six-foot wood privacy fence in the rear. Inside flooring throughout, the home was updated approximately 5 years ago including ceramic tile in the den, kitchen, and bathrooms. Currently rented at 1,750 a month this turn key property is ready to generate returns day 1
Home Details
Home Type
- Single Family
Year Built
- Built in 2001
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 60x100
Home Design
- Traditional Architecture
Interior Spaces
- 1,000-1,199 Sq Ft Home
- 1,149 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Separate Formal Living Room
- Dining Room
- Tile Flooring
- Updated Kitchen
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- Remodeled Bathroom
- 2 Full Bathrooms
Parking
- 1 Parking Space
- Driveway
Additional Features
- Covered Patio or Porch
- Central Heating and Cooling System
Community Details
- S Fort Pickering Blk 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 035062 00004C
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $24,175 | $1,250 | $22,925 |
| 2024 | -- | $13,700 | $875 | $12,825 |
| 2023 | $835 | $13,700 | $875 | $12,825 |
| 2022 | $835 | $13,700 | $875 | $12,825 |
| 2021 | $372 | $13,700 | $875 | $12,825 |
| 2020 | $366 | $11,450 | $875 | $10,575 |
| 2019 | $366 | $11,450 | $875 | $10,575 |
| 2018 | $366 | $11,450 | $875 | $10,575 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | $607 | $13,900 | $0 | $0 |
| 2014 | $607 | $13,900 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2025 07/26/25 | Pending | -- | -- | -- |
| 07/17/2025 07/17/25 | For Sale | $97,500 | -- | $98 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $1,500 | None Available | |
| Trustee Deed | $16,452 | None Available | |
| Warranty Deed | $43,358 | Southern Escrow Title Compan | |
| Warranty Deed | $2,000 | Southern Escrow Title Compan | |
| Gift Deed | -- | Memphis Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $43,358 | Seller Take Back |
Source: Public Records
Similar Homes in Memphis, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10201607
APN: 03-5062-0-0004C
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